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Credit Agricole Corporate and Investment Bank (CIB), a division of French bank Credit Agricole (EPA: ACA) (CAGR.PA) (OTC: CRARY), has said that it has joined the HKMA Infrastructure Financing Facilitation Office (IFFO) as a partner.
According to a statement issued here on Thursday, the market shares of the parties show that Nestl' is already a dominant player in the relevant product markets in Pakistan and with the proposed acquisition; Nestl' may strengthen its already existing dominant position which may also result in lessening of competition in the IFFO Milk and GUM markets of Pakistan by the removal of a competitor in the relevant markets.
Headquartered in St Albans, in the UK, and with offices in Peru and China, IFFO has members in more than 50 countries accounting for two-thirds of world production and 80% of fishmeal and fish oil traded worldwide.
The executive committee includes Khalfan Sultan Arashidi (OFS), Media committee, Mohammed Suleiman Al Kindi (OFS) film procurement, Sudha Sha (IFFO), marketing and communication, Saif Al Mavoli (OFS), Qais Al Asri (OFS), ceremonies coordination, film production.
According to Sudha Sha, convener of IFFO, there will be two categories of films Au international and Arab films Au for which there will be two different categories, competition and screening.
The market shares of the parties show that Nestle is already a dominant player in the relevant product markets in Pakistan and with the proposed acquisition; Nestle may strengthen its already existing dominant position which may also result in lessening of competition in the IFFO Milk and GUM markets of Pakistan by the removal of a competitor in the relevant markets.
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- Iffland Kavanagh Waterbury
- Iffland, August Wilhelm